06-26-2008, 10:16 AM
Quote:Amazon.com, Inc. today announced the acquisition of Fabric.com, a leading online fabric store that offers custom measured and cut fabrics, as well as patterns, sewing tools and accessories.
This acquisition will enable Fabric.com to further expand its selection of fabrics and accessories while enabling Amazon.com to offer its customers a wider variety of products in the sewing, craft and hobby segment.
"Fabric.com has built an impressive business by providing great products and excellent service for sewing and crafting enthusiasts," said Chris Nielsen, vice president of the Amazon.com Home & Garden store. "Over the years, we've seen a growing interest in this segment from our customers. Our acquisition of Fabric.com will allow us to offer a greater variety of fabrics and accessories to crafting customers."...
full press release: http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-newsArticle&ID=1169353&highlight=